PASH Newsletter

November 16, 2023

NOTE MEETING LOCATION FOR NOVEMBER

(watch future Newsletters for upcoming meeting locations)

November 16, 2023 meeting to be held at



Hilton - Houston North

12400 Greenspoint Drive

Houston, TX 77060


Committee Meetings: 3:00 PM

Social: 4:00 PM

Dinner: 5:00 PM



Parking is free at the Hilton! You have 2 parking options. Both the garage and parking lot are patrolled by security for your safety.


1) You may park out front in the large parking lot.

2) You may park in the parking garage by entering on the right side of the hotel. Pull up to the gate and it will open for you to pull inside and park. 


2023-2024 PASH Board of Directors

Lisa Collins - President

Kathy Johnston - Vice President

Ruth Strange - Treasurer

Charline Townsend - Assistant Treasurer

Jennifer Holt-McKellar - Secretary 

Fay Lascelle - Director, Hotel Liaison

Mark Robertson - Director

Pamela Akpotaire - Director

Mark Gibennus - Past President

Membership Committee

There are some exciting and fresh things happening this year and we are excited that you will be a part of it! With your membership, you have access to educational opportunities, committee and general meetings, networking, and COPAS national meetings. To get the most out of your membership, you need to participate! Join a committee, participate in document re-writes, submit comments, or attend a national meeting. There are several ways to get involved. Reach out if you are interested.


PASH is a great place to network and get to know others in the oil and gas industry. If you know someone interested in joining, the Membership Application and instructions can be found on pashcopas.org under the Membership Tab, then Membership Application.

 

If you have questions about your membership, contact us at pashmembership@yahoo.com.


If you see a new face at a meeting, please introduce yourself and get to know new members.


WELCOME to the eleven new PASH members! 

Willaim Abington

Sky Brooks

Ramy Farrag

Samantha Gordon

Jessica Gulizia

Elizabeth Harrison

Sonja Klise

Ransom McCoy

Toan Nguyen

Theresa Quinn

Dionne Taylor

Alvarez and Marsal

Ring Energy, Inc

Hilcorp Energy

Hilcorp Energy

W&T Offshore

Hilcorp Energy

ConocoPhillips

Ring Energy, Inc

Hess Corp

GeoSouthern Energy Corp

IKAV Energy, Inc


Revenue Committee & Financial Reporting and Tax

The Revenue Committee and Financial Reporting & Tax Committee will hold a joint meeting for the November event on Thursday, 11/16/2023 at 3pm.



This month our guest speaker for the event will be presenting on the topics of oil and gas reserve report and the carbon capture economics, use and storage. As many of you are aware, carbon capture is a very hot topic in our industry, so this will be a great opportunity to learn about the subject!


We will be hosting the CEO of Netherland, Sewell & Associates (NSAI); NSAI is a professional oil and gas reservoir engineering firm and used by many oil and gas companies.  


Please see their website to learn more about NSAI - https://netherlandsewell.com




We look forward to seeing you in person!




Delivery Method: Group Live

CPE Credits: 1

Field of Study: Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed


Registration Cost: $0 for PASH Members


How to Register: No registration required

Education Committee 


The Education committee will hold its second meeting of the year on Tuesday, November 28, 2023, via Zoom 7pm. This committee meeting will focus on the scholarship program and Education Day speakers for Education Day 2024.


If you have suggestions for topics or know someone who might be interested in presenting at Education Day, please let us know. Please email Jacque Bateman (jacque.k.bateman@gmail.com & pasheducation@gmail.com) if you would like to participate in future Education Committee meetings. The agenda will be sent to those that have contacted Jacque.



Topic: Education Committee - November

Time: Nov 28, 2023, 07:00 PM Central Time (US and Canada)


Join Zoom Meeting

https://us02web.zoom.us/j/81036956029?pwd=YTNFY3IxZ2FpYTN5VHRkVkh2MjhqUT09


Meeting ID: 810 3695 6029

Passcode: 984400


Dial by your location

• +1 346 248 7799 US (Houston)



Audit Committee

The Audit Committee will be reviewing MFI 57 and providing our comments as well as voting and updating the Audit Committee Charter.



Our special topic for the month is Operator Audit protocols.

Joint Interest Committee

Happy Fall JIB Committee!

 

For November, we will have Karla Bower presenting on Payroll Burden and Benefits. 

 

Karla Bower is a Joint Interest Consultant in Houston. After graduating from the University of Kansas, she spent most of her career coordinating Land and joint interest accounting matters at ConocoPhillips. Karla chaired the PASH and COPAS Joint Interest Committees, served on the Board of Directors for the Petroleum Accountants Society of Houston (PASH) and COPAS, and was COPAS President in 2007. Karla participated on numerous COPAS task forces and co-led the task force that developed the 2022 Accounting Procedure. Karla received the COPAS Eagle Award in 2011 and was inducted into the inaugural class of COPAS’ Ring of Honor in 2017, in recognition of her commitment and contributions to COPAS.

 

We look forward to seeing you at the committee meeting.

 

Delivery Method: Group Live

CPE Credits: 1

Field of Study: Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed


Registration Cost: $0 for PASH Members


How to Register: No registration required

Golf and Picnic Committee

We will be holding a meeting at 4:30, Nov. 16th following the Audit meeting.

Small Companies

Peter Shields and Mary Gauss are excited to announce the restart of the Small Oil & Gas Company Committee!


Small Companies Committee is hosting a Cyber Security presentation November 9th from 3 – 5. There will be a mixer following the CPE.


If you would like to attend, please reach out to them at pash@melton-melton.com. Please RSVP as soon as possible as space is limited.


6002 Rogerdale Rd Ste 200 Houston, TX 77072



Dinner Speaker/Topic 

PASH will be hosting Jay Bostick, Ernst & Young Senior Manager, as our guest speaker. He will be discussing the topic of Fraud.




Delivery Method: Group Live

CPE Credits: 1

Field of Study: Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed

Register for Dinner

Please inform us if you have special dietary requests, such as gluten free or vegetarian. 





Confirm that you have received the confirmation email such as this example when you register for dinner. If you do not receive the confirmation, please try to register again, or contact a Board Member.


Virtual Meeting Tips & Tricks

  • Join early to check your connection and chat with other attendees
  • Mute your microphone in the lower left corner of the Zoom screen when not speaking
  • Raise your hand using the options under the "Participants" button to request the floor
  • Utilize the "Chat" button for quick thoughts or if you don't have microphone capabilities
  • Be kind to others, embrace the process and have fun collaborating
  • First time using Zoom or want to learn more? Check out some video tutorials here.

Member Benefits & Resources

Leadership Opportunities

Looking for a chance to be more involved and expand your leadership skills? Reach out to Lisa at lcollins@wtoffshore.com to learn more.



PASH Website

Visit us at www.pashcopas.org today to learn more about the society.

  • View the latest job postings for oil and gas accounting opportunities
  • Access membership information and applications to share with colleagues


Petroleum Accountants Society of Houston Federal ID 76-0673831


COPAS Membership Discounts

Did you know that as a COPAS member you are entitled to reduced rates from several rental car companies? Use the following IDs to get discounts with:

Avis: AWD - L039224

Hertz: CDP - 1970958

National: Contract ID - ESHB51C (includes Loss Damage Waiver)

Enterprise: Customer Number - SB00001, Pin - ENT

For more savings opportunities, log in to COPAS and visit http://www.copas.org/memberbenefits


COPAS Website

For COPAS information, you can visit the website at www.copas.org or call 877-992-6727.

Draft documents

COPAS meeting information

Educational opportunities

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Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.